The European Investment Bank says a new €10 million ($10.5 million) loan will offer electricity access to almost 650,000 people in Benin.French energy giant Engie will deploy 107,000 solar home systems (SHS) in Benin with the EIB loan. The lender said the funds would provide access to electricity for 643,000 people. They will use the solar panels and batteries on a pay-as-you-go (PAYG) basis, at a rate of less than $0.20 per day. The EIB said customers will pay back the cost of the systems using mobile banking. The loan will enable customers to pay for the solar systems in the West African CFA ...Den vollständigen Artikel lesen ...